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Ascendas Reit sells Old Toh Tuck Road building for S$24m

Published Tue, Apr 3, 2018 · 09:50 PM

Singapore

ASCENDAS Reit announced that it entered into a sale-and-purchase agreement on Tuesday to sell 30 Old Toh Tuck Road to interior design company Soon Bee Huat Trading for S$24 million.

The five-storey ramp-up logistics building, at 19 years old, has 39 years remaining on its land lease tenure; i…

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